Hackers have stolen $20 million from a Hyperliquid user by obtaining their private key, following the hacker's closure of a $16 million long position on HYPE and a sale of 100,000 HYPE tokens.

Bybit has received a virtual asset platform operator license from the Securities and Commodities Authority (SCA) in the United Arab Emirates. coindesk

Binance CEO Changpeng Zhao spent the day in meetings in Bahrain, according to a tweet.

Bybit has removed Russian banks from the payment options available in its P2P platform.

CoinGlass reports that $100 million has been liquidated in the past hour.

Bitcoin sell-off driven primarily by smaller wallet groups, not large investors, according to CryptoQuant.

Bitcoin sell-off driven by smaller wallet groups, not large investors, says CryptoQuant.

Today's Fundraising Highlights:

CipherOwl has completed a $15 million seed funding round backed by Coinbase Ventures and additional investors. LAB raised $5 million in funding, with participation from Animoca Brands, Amber Group, Lemniscap, and others. Fanable (Eternal Labs), a Web3 marketplace for Pokémon, comics, and digital collectibles, secured $11.5 million in funding.

Roger Ver reached a settlement with the U.S. Department of Justice, leading to the dismissal of charges related to fraud and tax evasion after he agreed to pay a $48 million fine, The New York Times reports.

Today's Summary and Tomorrow's Events - https://t.me/bingx1/2147483647

Democratic U.S. Senators have proposed the possibility of adding DeFi protocols to a "restricted list" if deemed excessively risky. They also indicated that U.S. citizens generating "recurring income" from such protocols could be subject to penalties. cointelegraph #regulation

Yesterday, spot Bitcoin ETFs experienced approximately $197.8 million in net inflows, while spot Ethereum ETFs saw about $8.7 million in net outflows.

The overall net inflow for spot Bitcoin ETFs reached approximately $197.8 million yesterday, while spot Ethereum ETFs experienced a net outflow of about $8.7 million.

Coinbase and Mastercard have initiated preliminary discussions to acquire the stablecoin firm BVNK, with the deal valued at approximately $1.5 billion to $2.5 billion. fortune

Santiment reports that the number of non-empty wallets for major cryptocurrencies is increasing, with current figures as follows: ETH at 160.4 million, BTC at 56.9 million, USDT at 8.9 million, DOGE at 8.1 million, and XRP at 7.1 million.

Santiment reports an increase in the number of non-empty wallets across major cryptocurrencies, with current figures as follows: Ethereum (ETH) at 160.4 million, Bitcoin (BTC) at 56.9 million, Tether (USDT) at 8.9 million, Dogecoin (DOGE) at 8.1 million, and XRP at 7.1 million.

The European Union is exploring the possibility of introducing euro-denominated stablecoins to compete with the U.S. dollar. cointelegraph

Bank of England Calls for Tighter Stablecoin Regulations

Whale Transactions:

1. A Bitcoin investor has increased their short position to 3,600 BTC, valued at approximately $438 million. The investor may have collaborated with Trend Research, according to self-reported data.
2. Bitmine continues to accumulate ETH, receiving an additional 23,823 ETH valued at $103.68 million from BitGo.
3. Address 0x882E contributed 14,275 ETH, worth $62.48 million, on Binance. Two years prior, the entity purchased 64,400 ETH for $121 million at an average of $1,882 per ETH and staked it. Since March 20, 2024, the entity has been liquidating ETH holdings for profit, selling 23,365 ETH for $97.64 million at an average price of $4,179, resulting in total gains exceeding $156 million.

Jack Dorsey Calls for Tax Exemptions on Routine Bitcoin Transactions. cointelegraph

Deutsche Bank projects that by 2030, heightened institutional adoption and ongoing de-dollarization efforts could lead central banks worldwide to view Bitcoin and gold as key reserve assets. bloomberg